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Radio Fuels Energy Corp. has appointed Bill de Jong as Director, replacing Collin Kettell. Bill de Jong, a lawyer with expertise in Capital Markets, will bring his experience in securities, mergers and acquisitions, and corporate finance to the company. The company expresses gratitude for Mr. Kettell's past contributions.
Radio Fuels Energy Corp. announces a strategic reorganization where the company will become an investment issuer, spinning out Elliot Lake assets to shareholders through a newly incorporated company. The Spin-Out will provide investors ownership in two specialized firms - one focusing on uranium assets and the other investing in mineral exploration. SpinCo will hold Elliot Lake assets and $1.5 million in cash.
